Marvin & Palmer Associates Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Marvin & Palmer Associates Inc. reported 28 stock positions worth $102.7 million. Its top holding was Eaton (ETN) at 5.2% of the portfolio, followed by Nvidia (NVDA, 5.1%) and Interactive Brokers Gro Class A (IBKR, 5.0%). Compared with Q1 2024, it opened 6 new positions, sold out of 6, added to 9 and reduced 12. The biggest buy was a new position in Interactive Brokers Gro Class A (IBKR) and the biggest sale an exit from Blackstone (BX).
- Most Recent 13F
- Q2 2026
- Location
- WILMINGTON, DE
- CIK
- 0000860645
- Portfolio Value
- $102.7M (Q2 2024)
- SEC Filing
- 0000898432-24-000706 ↗ filed Aug 13, 2024
Holdings Value
Holdings 28 stocks · $102.7M
| ETN Eaton Corp. PLC | 5.18% | 16,966 | $5.3M | Reduce -3.7% |
| NVDA Nvidia Corp. | 5.07% | 50,882 | $5.2M | Reduce -11.7% |
| IBKR Interactive Brokers Gro Class A | 4.97% | 41,650 | $5.1M | New |
| PH Parker Hannifin Corp. | 4.93% | 8,728 | $5.1M | Reduce -4.3% |
| AMAT Applied Materials Inc. | 4.93% | 21,461 | $5.1M | Add +4.2% |
| MSFT Microsoft Corp. | 4.92% | 7,308 | $5.1M | Reduce -39.2% |
| GS Goldman Sachs Group Inc. | 4.57% | 10,379 | $4.7M | New |
| IR Ingersoll-Rand Inc. | 4.56% | 51,550 | $4.7M | Reduce -2.2% |
| CSL Carlisle Cos Inc. | 4.37% | 11,082 | $4.5M | New |
| AMP Ameriprise Financial Inc. | 4.18% | 10,042 | $4.3M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 4.13% | 3,795 | $4.2M | Reduce -60.3% |
| KKR KKR & Co. Inc. | 4.10% | 41,939 | $4.2M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.10% | 6,395 | $4.2M | Reduce -20.6% |
| EWJ iShares MSCI Japan ETF | 3.88% | 21,081 | $4.0M | Reduce -62.3% |
| HLT Hilton Worldwide Holdings Inc. | 3.40% | 16,009 | $3.5M | Add +0.1% |
| COST Costco Wholesale Corp. | 3.34% | 4,037 | $3.4M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 3.28% | 17,436 | $3.4M | Add +0.1% |
| URI United Rentals Inc. | 3.21% | 4,555 | $3.3M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 3.03% | 17,100 | $3.1M | New |
| CDNS Cadence Design SYS Inc. | 2.99% | 9,970 | $3.1M | Add +0.1% |
| SCHW Schwab (charles) Corp. | 2.88% | 40,210 | $3.0M | New |
| MCK McKesson Corp. | 2.75% | 5,265 | $2.8M | Add +0.1% |
| VRTX Vertex Pharmaceuticals Inc. | 2.72% | 6,682 | $2.8M | Add +0.1% |
| META Meta Platforms Inc. Class A | 2.67% | 5,655 | $2.7M | Add +0.1% |
| CAT Caterpillar Inc. | 2.33% | 7,185 | $2.4M | Reduce -36.0% |
| INDA iShares MSCI India ETF | 2.06% | 27,092 | $2.1M | Reduce -33.9% |
| VNM Vaneck Vietnam ETF | 0.77% | 56,595 | $787K | No change |
| SE Sea Ltd.-ADR | 0.68% | 9,790 | $699K | New |
Portfolio Sells Q1 2024 → Q2 2024
| BX Blackstone Inc. | Sold out | 0.00% | −4.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −3.36 |
| COR Cencora Inc. | Sold out | 0.00% | −3.24 |
| V Visa Inc. Class A | Sold out | 0.00% | −2.95 |
| CBOE Cboe Global Markets Inc. | Sold out | 0.00% | −2.63 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −2.02 |
| CAT Caterpillar Inc. | Reduce -36.0% | 2.33% | −1.75 |
| IR Ingersoll-Rand Inc. | Reduce -2.2% | 4.56% | −0.40 |
| ETN Eaton Corp. PLC | Reduce -3.7% | 5.18% | −0.29 |
| NVDA Nvidia Corp. | Reduce -11.7% | 5.07% | −0.09 |
| PH Parker Hannifin Corp. | Reduce -4.3% | 4.93% | −0.09 |
| MSFT Microsoft Corp. | Reduce -39.2% | 4.92% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -60.3% | 4.13% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -20.6% | 4.10% | −0.08 |
| EWJ iShares MSCI Japan ETF | Reduce -62.3% | 3.88% | −0.07 |
| URI United Rentals Inc. | Reduce -0.4% | 3.21% | −0.06 |
| INDA iShares MSCI India ETF | Reduce -33.9% | 2.06% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -1.2% | 3.34% | +0.37 |
Portfolio Buys Q1 2024 → Q2 2024
| IBKR Interactive Brokers Gro Class A | New | 4.97% | +4.97 |
| GS Goldman Sachs Group Inc. | New | 4.57% | +4.57 |
| CSL Carlisle Cos Inc. | New | 4.37% | +4.37 |
| GOOGL Alphabet Inc. Class A | New | 3.03% | +3.03 |
| SCHW Schwab (charles) Corp. | New | 2.88% | +2.88 |
| AMAT Applied Materials Inc. | Add +4.2% | 4.93% | +0.72 |
| SE Sea Ltd.-ADR | New | 0.68% | +0.68 |
| AMZN Amazon.com Inc. | Add +0.1% | 3.28% | +0.16 |
| HLT Hilton Worldwide Holdings Inc. | Add +0.1% | 3.40% | +0.02 |
| META Meta Platforms Inc. Class A | Add +0.1% | 2.67% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.1% | 2.72% | −0.05 |
| MCK McKesson Corp. | Add +0.1% | 2.75% | −0.05 |
| KKR KKR & Co. Inc. | Add +0.1% | 4.10% | −0.08 |
| CDNS Cadence Design SYS Inc. | Add +0.1% | 2.99% | −0.09 |
| AMP Ameriprise Financial Inc. | Add +0.1% | 4.18% | −0.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $159.0M | SOXX, NVDA, C, GS, MS |
| Q1 2026 | 21 | $83.5M | NVDA, RTX, VLO, XBI, TSM |
| Q4 2025 | 27 | $141.6M | NVDA, C, GS, AVGO, MS |
| Q3 2025 | 27 | $134.6M | AVGO, NVDA, GS, MS, IBKR |
| Q2 2025 | 32 | $116.6M | QQQ, ORCL, CSCO, NVDA, IBM |
| Q1 2025 | 23 | $67.0M | ORLY, CAH, CSCO, PH, TMUS |
| Q4 2024 | 27 | $130.9M | AMZN, GS, AMP, KKR, IBKR |
| Q3 2024 | 32 | $119.2M | KKR, XBI, GS, IBKR, SPY |
| Q2 2024 | 28 | $102.7M | ETN, NVDA, IBKR, PH, AMAT |
| Q1 2024 | 28 | $100.8M | ETN, NVDA, PH, MSFT, IR |